On June 11th, the SEC’s Strategic Hub for Innovation and Financial Technology (FinHub) announced it will be conducting virtual peer-to-peer meet-ups (P2Ps). FinHub previously engaged with FinTech communities across the country in 2019 by hosting in-person meetings. These meetings offered members of FinTech communities the opportunity to speak in person with FinHub staff to discuss general issues, specific questions, or make presentations about their work.
However, in light of the ongoing COVID-19 pandemic, FinHub has recognized the present challenges and difficulties with in-person meetings and travel. Still, FinHub staff meetings with FinTech industry participants remain important in helping to inform regulatory approaches and engage on particular projects and issues. To facilitate ongoing communications during these times, FinHub will host a series of thematically-based virtual P2P meet-ups over the next few months. During these series, FinHub staff will meet virtually with innovators, entrepreneurs, or firms that wish to discuss issues related to that series’ theme.
The first of these series will focus on regulatory technology (RegTech). Regulatory compliance programs are increasingly bolstered by technological innovation. These technological advances strengthen and add efficiencies to the services provided by financial firms. Technology firms are developing more innovative solutions to assist financial firms in regulatory compliance and reporting efforts. RegTech tools have the potential to enhance investor and market protections, and accordingly FinHub staff is inviting industry engagement concerning these technologies. FinHub staff encourages anyone working on RegTech solutions or implementations to engage with FinHub as a part of this initiative. Dates and more information concerning each virtual P2P meet-up series will be available on FinHub’s website.
The virtual P2Ps focused on RegTech will take place the week of July 6, 2020. To book a virtual P2P meeting, please use the form on FinHub’s website. Questions may be directed to FinHub staff through the form.
Sources:
FinHub to Host Virtual Meet-Ups (www.sec.gov)
FinHub: Strategic Hub for Innovation and Technology (www.sec.gov)
Request Form for FinTech-Related Meetings and Other Assistance (www.sec.gov)
